Amgen stock slips as anemia drug concerns rise

An informal SEC inquiry into the way Amgen handled a Danish study of its anemia drug Aranesp has aroused investors' anxiety, spurring a three percent loss in the value of Amgen shares. Further adding to concerns about Amgen, an expert FDA panel is scheduled to review the safety of anemia drugs on May 10.

- take a look at the CNN report on the Amgen worries

ALSO: A possible change in Medicare's reimbursement formula for Epogen could reduce the amount of money that Amgen is making from the anemia therapy. Report

PLUS: Tony Blair opened Amgen's new European Development Centre in Uxbridge, London. Release

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